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Show Smelting Co. Enters fining Game In km. Fork Canyon American Smelting and Refining Company Purchases I Control of Yankee Group. Big Scale Development Develop-ment Expected. ATTENTION DESERVED Strong fissures, that show heavy mineralization from the Mississippi-an Mississippi-an limestone and shales clear down into Ophir scdimentaries and in the Cambrian quartzile at the Pacific mine, have been but superficially prospected. Severe winter and high mining costs, arising from difficult ing in the American Fork 'Vlin district was given a real tUiS week with the aimouuce- tUat the American Smelting & Ruins' coinmpany had purchased ttrofoi the Yankee Mines group 1, would operate the property on a scale. - A. H. Means, manager f!L western department of mining 'bounced the consumation of the ! which involved the purchase of stock control of the Yankee 'Mines "nlapany. Wuile tlle price paid waS 4' announce it is understood some :iill00O shares of the stock was purged pur-ged at ten cents per share. T.,e Yankee Mines company group, fisting of the Live Yankee claim, y yiary Ellen, and the first wester-V wester-V extension of the Live Yankee in e Mary Ellen gulch are included in ie deal. Utorney C. M. Beck, a former larican Fork man, is credited wtth Ug Put over the deal. Another transportation and lack of capital have prevented intensive and systematic syste-matic exploration. I A mining district, like that of ! American Fork canyon, demands for successful exploitation the attention I of a strongly financed company thatj can carry its development on to , well-defined objectives. Now thatj this condition has been, met by the ; American Smelting arid Refining company, which takes over the most promising mines in the district, the results will be watched with interest. During 192S, the company shipped 46 carloads ranging in value from $15,000 to $2,000. One carload carry- r-ivng company, said to have oeen a ;sng Nevada company, vas also Ming for this group together with 've Globe and Belorphan and some r.0Perty to the west. The smelter V. needing this highly valuable ;Esing ore stepped in and closed the leal first. While the entire plans of the melting concern has not been given j is learned that they are putting in jpplies for an intensive winter min-campaign. min-campaign. They are also figur--,? on costs of a ariel tramway from ie mine to the Dutchman flat and siblv on down the canyon to Van's -iWay where the ore could be trans-. trans-. ii,- ,.?i,.cri hv truck. The ing 2.6 ounces of gold to the ton and 12 per cent copper with a net value of $5,400 was marketed. Ore values ranged froml 3 to 7 per cent copper, from 6 to 8 ounces of silver to the ton, and around $25 in gold. This year 18 cars have been shipped. The ore, a heavy calcopyrite, lies at the base of the Reade and Benson Ben-son limestone between the Yankee and Chadwick faults. In places, the replacement was 48 feet thick and 20 feet wJde. The bedded deposit has been the most persistent and heavily mineralized opened up in the American Ameri-can Fork district in recent years. ', is to cut down the excessive; -asportation charges which would -srmit them to ship all ore from the 3iae without concentrating. The ,-ost of the tramway is roughly esti-isted esti-isted at $65,000, it is said. Negotiations, it is said, have beenj ioncluded for purchase of the Bel-( rophaa Mining company's group of iourteen claims, through' the ex-kange ex-kange of 100,000 shares of Yankee 'lines company stock for 1,000,000 iteres of the Belorophan company, it addition the purchase of the Power Pow-er claims and the Silver Wave group ot three claims, owned by the Brown-3rooks-Kent Keyes interest of Salt ufte, also has been completed hy He American Smelting and Refining 1 ii.t tv,Q fhree. mines, ujmimuy su mai - Icraierly operated by the Yankee Mines company and its predecessor, tie American Leasing company representing rep-resenting a total of about 500 acres, till be operated in the future as a, wit. j FERLIN JUSTIFIED i In a measure the present develop-1 arat stands as a fitting tribute to; le faith, foresight and the mining1 Vilify of Carl Ferlin who. with his "associate, George E. Adams, develop-'1 develop-'1 tie Yankee group from a pros-ftt pros-ftt to a productive stage hut died Ifioo i.-u it.. -n1nToHrrt of his I UtJLOie Lilts icaim.- -opes after a heroic struggle of seve-:!l seve-:!l years to regain his health. - Some of the ground Mr. Ferlin 'Phased and- some envolved in this he leased. He then formed a :'tipany to mine the ground. A tun-was tun-was run, ore struck, a concentra-!ir concentra-!ir built, and several dividends paid, last one of $17,526.76 being dls-:8 dls-:8 in January of this year. Entrance of the American Smelt-35 Smelt-35 and Refining company into the !jrican Fork district is a para- importance to this district. A !incer of highgrade ores over six- ars ago, the scene of a "rush" '' secure ground following sensa-"'W sensa-"'W discoveries, which was follow-; follow-; V the building of a railroad and "Hous camps, American Fork, in ';ct'M years has had partial atten-; atten-; depth that its pronounced ; 'alization an-d Assuring would ' to justify. |